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Trump's Tariffs Are Weighing On This Toy-Maker That Competes With Hasbro And The Lego Group: Growth Score Dips - Jakks Pacific (NASDAQ:JAKK), Hasbro (NASDAQ:HAS)
Benzingaยท 2025-11-07 09:21
Core Insights - A leading U.S.-based toy-maker is significantly affected by the trade and tariff policies of President Donald Trump, impacting its sales and margins [1] - Despite some easing in trade tensions, the company's stock remains at multi-year lows [1] - JAKKS Pacific Inc. has seen a drastic decline in its Growth score, dropping from 98.07 to 26.33 in just one week [4] Financial Performance - JAKKS Pacific reported a 34% year-over-year decline in revenue, totaling $211.2 million for the third quarter [5] - The company posted a profit of $20.6 million, or $1.80 per share, down from $54.0 million, or $4.79 per share the previous year [5] - The stock has decreased by 40.33% year-to-date [5] Market Position - The company competes with Hasbro Inc. and The Lego Group, and its Growth metrics have significantly declined in Benzinga's Edge Stock Rankings [1][2] - The stock is performing poorly across Momentum and Growth categories in Benzinga's Edge Stock Rankings, indicating unfavorable price trends [6]